Technet Trading Ripoff
After several calls urging me to buy stock in the heating oil field as it was sure to pay off big, I went against my better judgement and sent $3000.00. I received calls urging me to send more but I told them that I needed to see how they performed. They played the game of recording calls and having me talk to the manager. The first problem arose at the end of August when they put my stock into the Japanese market and then claimed the devaluation of the yen for a loss. They then only had $900.00 left in my account. I told them to go ahead and see if they could recoup some of the loss in heating oils. I got a check last week for $39.21. So I lost $2,960.79 to this scam. I figured it was a scam but thought I would trust the lady who was the broker, Teresa Nickolae, Executive Comodity, 1-800-839-4123, x210. I know I was ripped off but have learned my lesson and will stick with my regular broker from now on. Hope this is at least one report people can find if they are thinking of sending money to this company.